New Delhi, January 1, 2026: The Enforcement Directorate (ED) on Thursday seized Rs 1.22 crore in cash and jewellery valued at Rs 8.5 crore during fresh searches linked to a money-laundering investigation against UAE-based absconding criminal Inderjit Yadav, officials said.
The latest recovery was made from a farmhouse in Delhi owned by Sunil Gupta. According to officials, Gupta had earlier extended loans to Aman Kumar, an alleged associate of Yadav. The agency suspects that Kumar attempted to divert and conceal proceeds of crime by transferring funds to Gupta after the ED initiated its probe.
A day earlier, the ED had recovered Rs 5.12 crore in cash, along with gold and diamond jewellery worth Rs 8.8 crore, from premises linked to Kumar in south Delhi’s Sarvapriya Vihar. Documents pointing to assets valued at nearly Rs 35 crore were also seized during those searches.
Officials said the investigation revealed attempts to dissipate illicit funds following the launch of the money-laundering inquiry. Gupta, Kumar and Yadav could not be reached for comments on the allegations.
The ED’s case against Inderjit Yadav is based on 14 FIRs and chargesheets filed by Haryana and Uttar Pradesh Police. Yadav is accused of involvement in illegal extortion, coercive loan settlements for private financiers, and earning commissions from such unlawful activities. The agency has stated that Yadav is wanted in multiple cases in Haryana and is currently absconding, operating from the UAE.
Earlier searches in the case were conducted on December 26 and 27 across 10 locations in Delhi, Gurugram and Rohtak. Premises linked to Yadav, as well as those connected to Apollo Green Energy Ltd, were also raided.
The ED has alleged that Yadav, who owns and controls Gem Records Entertainment Pvt. Ltd., operating under the name Gems Tunes, is a known strongman involved in serious criminal activities including murder, extortion, illegal land grabbing, cheating and violent offences.
